1. The President shall, at the request of the Chair of the committee responsible in the case of time-limits for second reading, or at the request of Parliament's conciliation delegation in the case of time-limits for conciliation, extend the limits in question in accordance with Article 294(14) of the Treaty on the Functioning of the European Union.

2. The President shall notify Parliament of any extension of time limits under Article 294(14) of the Treaty on the Functioning of the European Union, whether on the initiative of Parliament or of the Council.